SHYG

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund designed to track the performance of short-term U.S. high-yield corporate bonds. The ETF is managed by BlackRock through the iShares platform and trades under the ticker SHYG on NYSE Arca.

Classified as a fixed-income ETF focused on short-term high-yield credit exposure, SHYG seeks to reflect, before fees and expenses, the aggregated performance of the securities included in the Markit iBoxx USD Liquid High Yield 0–5 Index.

The fund follows a passive management strategy, investing in non-investment-grade corporate bonds issued by U.S. companies with maturities between zero and five years.

The methodology seeks to provide exposure to the high-yield segment with lower interest-rate sensitivity compared to longer-duration high-yield ETFs, while maintaining meaningful exposure to credit risk and corporate credit spreads.

Composition / Exposure profile

SHYG provides exposure to multiple segments of the U.S. high-yield credit market, including sectors such as:

• Financials
• Energy
• Health care
• Communication services
• Industrials
• Information technology
• Consumer discretionary

This composition reflects the diversity of issuers within the U.S. short-term high-yield corporate bond market.

Structure and costs

SHYG shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. SHYG may distribute income derived from interest payments generated by the bonds held in its portfolio.

History and evolution of the ETF

The iShares 0-5 Year High Yield Corporate Bond ETF was launched in 2013, during a period of expansion in corporate credit ETFs and rising demand for shorter-duration fixed-income strategies.

Since inception, the fund has been used by investors seeking exposure to the high-yield market with lower sensitivity to interest-rate fluctuations.

In recent years, SHYG has reflected Federal Reserve monetary policy cycles, movements in high-yield credit spreads, bond-market volatility, and demand for lower-duration fixed-income strategies.

Additional Information

iShares 0-5 Year High Yield Corporate Bond ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $7.49 Billions.

Over the past 12 months, iShares 0-5 Year High Yield Corporate Bond ETF recorded a return of 6.36%, with its price trading between $41.89 and $43.37 during the same period.

The ETF is traded under the ticker SHYG.